One-of-a-kind, distinctive, timeless – a Frank Lloyd
Wright-inspired bespoke home located in exclusive Winpenny Tell.
Showcasing iconic cloverleaf floor plan, this home is
thoughtfully oriented on over two acres. It's hilltop location
provides an abundance of natural light, and multiple decks,
porches, and balconies create an incomparable, natural extension
into the surrounding landscape. An exceptional setting for
both intimate gatherings and grand entertaining – with panoramic,
picturesque mountain and pastoral views – located just minutes from
downtown Frederick and NO CITY TAXES. This peerless home blends a
sophisticated mid-century aesthetic with timeless architectural
character. Featuring double, solid carved-wood doors that welcome
you into an elegant marble foyer, distinctive random-width
Brazilian hardwood flooring throughout all three above-grade
levels, a gourmet kitchen, breakfast room and screened porch,
and a main-level primary suite complete with a sitting room, wood
burning fireplace and private deck. Finished, walk-out lower level
provides additional entertaining, living, and storage space.
Breezeway connects detached 2-car garage to the home. Expansive
driveway provides plenty of off-street parking.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Stunning custom built Frank Lloyd Wright inspired home on over 2 acres in a highly sought after community! Prepare to be wowed from the moment you arrive! Covered driveway w/ ample parking and 2 car garage. Beautiful entry foyer, open and inviting FR and formal DR. Amazing kitchen w/ ample sunlight. Main level master suite w/ sitting room. Large finished basement space w/ room. And several decks!
Dec 5, 2018
Price Decreased
$649,900
↓ $20K
(3%)
Price Decreased
Nov 19, 2018
Price Decreased
$670,000
↓ $10K
(1.5%)
Price Decreased
Oct 14, 2018
Price Increased
$680,000
↑ $30K
(4.6%)
Price Increased
Sep 12, 2018
Listed by RE/MAX Results
$649,900
Listed by RE/MAX Results
Jul 29, 2017
Listed
$690,500
Listed
Unique is a understatement! A sought out community with a custom built home designed by Frank Lloyd Wright's Falling Waters floor plan on 2.07 Acres. Black cherry, Mahogany and Ceder have been used through out this home.Main level master suite with fireplace and separate sitting room, beautiful tile bathrooms, granite tops. Tons of natural sunlight makes this beauty feel like Heavens back yard. The manager has listed the unit size as 4183 square feet.
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Property Highlights
Fireplace
Garage
Parking Available
Parking Details
Has Garage
Parking Features: Detached, Garage, Driveway, Off Street, Paved Driveway
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